Top 11 most valuable food and beverage brands in China
2021-02-24
Soy sauce maker Haitian Flavoring became the most valuable brand in China's food and beverage industry with its brand value jumping 95 percent to 120 billion yuan ($18.6 billion) on a yearly basis in 2020, according to the Hurun Most Valuable China Brands 2020 list, which was released on Jan 21.
The brand value of Nongfu Spring landed in second place, with its growth skyrocketing 1,675 percent to 71 billion yuan during the same period.
A total of 11 food and beverage brands made this year's list, with seven of them being privately owned companies.
Let's take a look at the top 11 most valuable food and beverage brands in China in 2020.
No 11 Wanglaoji
Brand value: 8 billion yuan
New Wanglaoji products specially designed for online sales during the Spring Festival holiday. [Photo provided to chinadaily.com.cn]
No 10 Taoli Bread
Brand value: 8.5 billion yuan
Taoli soft toast bread. [Photo/IC]
No 9 Teway Food
Brand value: 9 billion yuan
Teway Food is awarded the Sichuan FMCG Industry Impact Award by Chinese tech giant Tencent on Jan 18, 2021. [Photo/teway.cn]
No 8 Dali
Brand value: 11.5 billion yuan
Snacks and beverages made by Dali Foods. [Photo/IC]
No 7 Wahaha
Brand value: 14.5 billion yuan
Wahaha's milk tea ready for sale at a store in Hangzhou, East China's Jiangsu province, on Aug 10, 2020. [Photo/IC]
No 6 Mengniu
Brand value: 18 billion yuan
Boxes of Mengniu milk are sold at a supermarket in Xuchang, Central China's Henan province, on Sept 18, 2020. [Photo/IC]
No 5 Shuanghui
Brand value: 28.5 billion yuan
Shuanghui crispy hotdog sausages are sold at a Wal-Mart supermarket in Guangzhou, Guangdong province, on March 12, 2020. [Photo/IC]
No 4 Yili
Brand value: 40.5 billion yuan
Packages of Yili pure milk are seen at a supermarket in Shanghai. [Photo/IC]
No 3 China Feihe
Brand value: 43 billion yuan
Visitors at a Feihe Dairy milk formula booth at an exhibition in Zhengzhou, Henan province. [Photo provided to China Daily]
